Mistral AI: a hub in Munich and a goal of 1 GW of compute by 2030

Mistral AI announced on September 28, 2026 that it is opening a new hub in Munich. It will house research teams for Physics AI and Industrial AI, and engineers who serve enterprise customers. According to the company, it works with BMW on crash simulations and with Siemens Energy on industrial applications, and with the Technical University Munich (TUM) it is building digital twins for car aerodynamics. Mistral AI also says it will build 1 GW of European compute capacity by 2030, without saying where or at what cost. For a Greek business, the practical point is that, according to the company, its open-weight models run on the customer's own infrastructure and the data does not leave the organization. It says nothing specific about Greece.